Waaree Renewable wins EPC contract for 300 MW solar project
Author: PPD Team Date: March 11, 2026
Author: PPD Team Date: March 11, 2026
Waaree Renewable Technologies Limited has secured a contract for engineering, procurement and construction (EPC) works for a ground-mounted solar photovoltaic plant with a capacity of 300 MW AC (420 MWp).
The company received intimation of the order on March 10, 2026. The project has been awarded by a domestic entity engaged in renewable energy-based power generation. The contract has been classified as a commercial order and is scheduled for completion during the financial year 2027-28.
Waaree Renewable Technologies stated that its promoter, promoter group and group companies do not have any interest in the entity awarding the contract. The company also confirmed that the transaction does not qualify as a related party transaction.
Author: PPD Team Date: January 14, 2025 Bharat Heavy Electricals (BHEL) and Oil & Natural Gas Corporation (ONGC) have signed a memorandum of understanding (MoU) to collaborate on projects in the new and renewable energy sector. The partnership will focus on advanced technologies such as fuel cells, electrolysers, and battery energy storage systems, supporting India’s National Green Hydrogen Mission. The collaboration aims to leverage the expertise of both entities to drive innovations in the clean…
Author: PPD Team Date: October 6, 2025 Tata Power Renewable Energy Limited (TPREL) has signed a Power Purchase Agreement (PPA) with Tata Power Mumbai Distribution to develop an 80 MW Firm and Dispatchable Renewable Energy (FDRE) project. The initiative will generate 315 MUs annually and reduce over 0.25 million tons of CO₂ emissions, supporting India’s clean energy goals. The project will integrate solar, wind, and battery storage to supply reliable peak-hour power. It is expected…
Author: PPD Team Date: February 6, 2026 National Institute of Solar Energy (NISE) and Grid Controller of India Limited (GRID-INDIA) have signed a Memorandum of Understanding (MoU) to jointly undertake a research project on day ahead and intra day solar power forecasting for large solar parks in India. The initiative focuses on improving short term generation estimates to support grid operations and market scheduling. Under the MoU, the two institutions will develop a hybrid solar…
Author: PPD Team Date: March 28, 2025 AMPIN Energy Transition has secured a $50 million equity investment from Siemens Financial Services, the financing arm of Siemens AG. The funding will support AMPIN’s expansion in commercial and industrial (C&I) and utility-scale renewable energy projects, along with its broader energy transition initiatives. Beyond financial backing, the partnership provides AMPIN access to Siemens’ energy technology expertise, advanced solutions, and global best practices. This strategic collaboration is expected to…
Author: PPD Team Date: October 22, 2025 Germany’s hydrogen network operators have announced guidelines for capacity reservations set to take effect in early 2026. The framework allows market participants to secure binding reservations at entry and exit points within designated network clusters, providing planning certainty and supporting the development of hydrogen infrastructure. Reserved capacities will initially convert into bookings, allowing flexible transport through both firm and freely allocable capacities within and between clusters. The operators…
Author: PPD Team Date: March 10, 2026 Rajesh Power Projects Private Limited, a wholly owned subsidiary of Rajesh Power Services Limited (RPSL), has signed a Battery Energy Storage Purchase Agreement (BESPA) with Gujarat Urja Vikas Nigam Limited (GUVNL) for the development of a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project at Virpore in Gujarat. The agreement marks the company’s entry into the utility-scale energy storage segment. The project was awarded…